Overview

CREDITS is an open blockchain platform with autonomous smart contracts and the internal cryptocurrency. The platform is designed to create services for blockchain systems using self-executing smart contracts and a public data registry.

The platform can execute more than 1,000,000 transactions per second and has an execution speed of 0.01 seconds. Because transaction fees are minimal, high-volume applications are possible in a way that no other available blockchain can match.

CREDITS platform is the first completely autonomous blockchain system. The platform offers a new, extended application programming interface (API) that utilizes a Turing system capable of creating services using cycles, schedules, and unique functions. No other platform offers smart contract execution speeds near those of CREDITS. In addition, the CREDITS platform can function completely autonomously and without the need for external systems' participation. Accordingly, CREDITS is fundamentally differentiated from any other current blockchain platforms.

We believe that blockchain technology is suitable for financial and loan services, trade, medicine, identification, exchanges, Internet of Things (IoT) and many other applications, some of which cannot yet be imagined.

CREDITS unique blockchain technology offers paradigm-shifting capabilities to industries, applications and users who require unmatched scalability. The addressable market for these services is estimated to be worth...

Overview

CREDITS is an open blockchain platform with autonomous smart contracts and the internal cryptocurrency. The platform is designed to create services for blockchain systems using self-executing smart contracts and a public data registry.

The platform can execute more than 1,000,000 transactions per second and has an execution speed of 0.01 seconds. Because transaction fees are minimal, high-volume applications are possible in a way that no other available blockchain can match.

CREDITS platform is the first completely autonomous blockchain system. The platform offers a new, extended application programming interface (API) that utilizes a Turing system capable of creating services using cycles, schedules, and unique functions. No other platform offers smart contract execution speeds near those of CREDITS. In addition, the CREDITS platform can function completely autonomously and without the need for external systems' participation. Accordingly, CREDITS is fundamentally differentiated from any other current blockchain platforms.

We believe that blockchain technology is suitable for financial and loan services, trade, medicine, identification, exchanges, Internet of Things (IoT) and many other applications, some of which cannot yet be imagined.

CREDITS unique blockchain technology offers paradigm-shifting capabilities to industries, applications and users who require unmatched scalability. The addressable market for these services is estimated to be worth trillions of dollars.

Software development kit (SDK)

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RELEVANT Q & As

Q: What is CREDITS platform?

A: This software is developed by CREDITS team to include a public and decentralized DLT blockchain, built-in fully self-executing smart contracts and CREDITS cryptocurrency.
Thanks to a deep analysis of users' needs, we have developed a unique and balanced system to achieve high processing-speed operations of up to a million operations per second. The average duration of transaction processing goes from 0.01 to 3 seconds. CREDITS platform could revolutionize the world using decentralised blockchain

Q: What distinguishes your platform from others?

A: Nearly everything. We have developed a very unique architecture including ledger, new consensus protocol, new advanced full smart contracts, saving transactions, transfer transactions and more. This allows the project to achieve a level of performance that is unattainable by other platforms: our speed of transaction is as low as 0.01 seconds and the total number of operations can exceed 1 million per second at a low transaction cost.

Q: For whom is your platform?

A: The financial industry requires high-speed processing and low transaction costs above all else. These attributes enable shopping, payments, transfers, exchange, and much more. However, CREDITS can be used not only for financial transactions, but also for other industries for which the speed and price of the transaction (e.g., IoT) are necessary.

Q: Did you develop a platform for individuals or businesses?

A: Developers, companies, and users who want to create online services. The platform is developed as an application for B2B businesses, but can also support B2C and C2C applications.

Q: Will you create financial products?

A: The CREDITS team will actively develop, maintain, and promote the platform. Accordingly, the team is committed to increasing the number of users and helping with implementation of new applications. The CREDITS team will not independently develop products for end users, such as P2P applications, online lending, funding, etc. The main task of the team is to create and foster the CREDITS platform to serve multiple industries and applications, including the financial industry.

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